Arab National Bank
Arab National Bank (ANB), headquartered in Saudi Arabia, is a prominent player in the banking and financial services industry. Established in 1979, ANB has grown to become a key financial institution, serving both individual and corporate clients across the Kingdom and the wider Middle East region. The bank offers a diverse range of products and services, including retail banking, corporate finance, investment services, and treasury operations. ANB is recognised for its innovative digital banking solutions, which enhance customer experience and accessibility. With a strong market position, the bank has achieved notable milestones, including awards for excellence in customer service and digital transformation. ANB's commitment to financial inclusion and sustainable development further solidifies its reputation as a trusted banking partner in the region.
DitchCarbon Score
How does Arab National Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Arab National Bank's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arab National Bank's reported carbon emissions
In 2022, Arab National Bank reported a greenhouse gas (GHG) emissions intensity of approximately 907.2 kg CO2e per employee. This figure reflects the bank's operational impact but does not specify total emissions across Scope 1, 2, or 3, as no detailed emissions data has been disclosed for these scopes. Comparatively, in 2021, the GHG emissions intensity was about 1,043.3 kg CO2e per employee, indicating a potential improvement in emissions management. In 2020, the emissions intensity was approximately 852.8 kg CO2e per employee, suggesting fluctuations in their emissions profile over the years. Currently, Arab National Bank has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of disclosed reduction initiatives indicates a need for further transparency in their climate strategy. As of now, the bank's emissions data is not cascaded from any parent organization, and all reported figures are sourced directly from Arab National Bank. The bank's commitment to addressing climate change remains unclear, highlighting an opportunity for enhanced sustainability practices in the future.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Arab National Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
